Bharatbook.com : Global Demand for Nuclear Spent Fuel Storage Casks to grow

The new Nuclear Equipment report titledproducing countries.
“Global Nuclear Spent Fuel Storage MarketGlobal Demand for Nuclear Spent Fuel Storage
Analysis and Forecasts to 2015” ( ) presentsCasks to grow
an in-depth analysis of spent fuel storage industryThe actual usage was less when compared to the
and presents forecasts of spent fuel storagedemand in countries having the nuclear reactor
equipments’ demand. Managing spent nuclearfacilities. Globally 247 units were used compared
fuels across the world has been one of the majorto the demand of 558 units for the year 2008.
concerns of the nuclear industry worldwide. SinceThe global demand for the casks will increase at
spent nuclear fuel from the reactors is high levelan AAGR of 0.16% during the period 2008-15.
radioactive waste, it is important for the nuclearNorth America and Europe to Remain Key Spent
power generating countries to have well organizedFuel Storage Markets
spent fuel management mechanisms. This wouldNorth America and Europe will remain to be the
give enormous opportunities for the spent fuelkey markets for the spent nuclear fuel storage
storage equipment manufacturers.cask industry in the coming years. The demand
The report covers the global nuclear powerfor spent fuel storage cask will increase in the
industry development, its growth trajectory andAsia Pacific region with the increasing number of
the demand for spent fuel casks in the globalnuclear reactors in India and China. Middle East and
nuclear power industry. The report also presentsAfrican region, and Central and South American
in-depth analysis on region-wise product segmentsregion will offer relatively lower prospects to the
and revenue analysis in the spent fuel caskcask industry growth during the period under
industry and also analyses the key players in thereview. Demand for concrete and metal casks for
global nuclear spent fuel industry. This report looksstorage as well as transportation purpose will
at the key players in the global nuclear spent fuelincrease in North America, Europe and Asia Pacific
arena, with detailed company information.region. The report analyses demand for casks,
Quantity of discharged spent fuel waste inactual demand met and demand not met in the
temporary storage facilities growyear 2008. The report also provides a forecast
Globally, discharged spent fuel waste from nuclearfor the next six years up to 2015.
power facilities will increasingly become a concernThe Asia Pacific region to witness increasing
as many of the countries do not have a cleardemand for spent fuel storage casks
policy on the long term spent fuel management.The scale at which nuclear industry in Asia Pacific
Though many of the nuclear power producingregion is expanding indicates that nuclear power
countries store spent nuclear fuel in temporarycountries in the region will be key markets for
pool storage facilities, lack of adequate temporarynuclear equipment companies worldwide. There
facilities will demand usage of storage casks forare a number of reactors in the planned and
long-term safe storage. Thousands of tons ofproposed stage in countries such as India, China,
new nuclear fuel have been added to the nuclearJapan and South Korea. Despite these countries
power reactors every year and the discharge ofhave operating nuclear power reactors the usage
spent fuel is also increasing significantly. The annualof spent fuel casks in the past has been
discharge of spent fuel is estimated to be aboutsignificantly low. The potential increase in spent
10,000 tHM currently. This report estimates thatfuel output in the coming years and limited
the increasing spent fuel discharge and lack ofcapacity in temporary storage facilities will drive
adequate capacity in pool storage will necessitatethe spent fuel casks market.
increased dry storage capacity in nuclear power